Exhibit 99.1
TATA MOTORS LIMITED
Bombay House
24, Homi Mody Street,
Mumbai 400 001, Maharashtra, India
Tata Motors registered total sales of 67,829 units in October 2021, Grows by 30% over last year
Mumbai, November 1, 2021: Tata Motors Limited sales in the domestic & international market for October 2021 stood at 67,829 vehicles, compared to 52,132 units during October 2020 and 59,156 units during September 2021.
• | Domestic Sales Performance: |
Category | Oct 2021 | Sept 2021 | Oct 2020 | % change (M-o-M) | % change (Y-o-Y) |
Total Domestic Sales | 65,151 | 55,988 | 49,669 | 16% | 31% |
• | Domestic - Commercial Vehicles: |
Category | Oct 2021 | Sept 2021 | Oct 2020 | % change (M-o-M) | % change (Y-o-Y) |
M&HCV | 7,644 | 8,609 | 5,033 | -11% | 52% |
I&LCV | 5,599 | 5,600 | 4,286 | 0.0% | 31% |
Passenger Carriers | 958 | 1,085 | 755 | -12% | 27% |
SCV cargo and pickup | 17,025 | 14,964 | 15,978 | 14% | 7% |
Total Domestic | 31,226 | 30,258 | 26,052 | 3% | 20% |
CV Exports | 2,448 | 3,000 | 2,420 | -18% | 1% |
Total CV | 33,674 | 33,258 | 28,472 | 1% | 18% |
Total MHCVs sale in October 2021 including M&HCV Truck, Buses and International Business stood at 8,788 units, compared to 5,818 units in October 2020.
• | Domestic - Passenger Vehicles: |
Category | Oct 2021 | Sept 2021 | Oct 2020 | % change (M-o-M) | % change (Y-o-Y) |
PV ICE | 32,339 | 24,652 | 23,195 | 31% | 39% |
PV EV | 1,586 | 1,078 | 422 | 47% | 276% |
Total PV | 33,925 | 25,730 | 23,617 | 32% | 44% |
- Ends-
About Tata Motors
Tata Motors Limited (NYSE: TTM; BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 34 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses, offering extensive range of integrated, smart and e-mobility solutions. With ‘Connecting Aspirations’ at the core of its brand promise, Tata Motors is India’s market leader in commercial vehicles and amongst the top three in the passenger vehicles market.
Tata Motors strives to bring new products that fire the imagination of GenNext customers, fueled by state of the art design and R&D centers located in India, UK, US, Italy and South Korea. With a focus on engineering and tech enabled automotive solutions catering to the future of mobility, the company’s innovation efforts are focused to develop pioneering technologies that are sustainable as well as suited to evolving aspirations of the market and the customers. The company is pioneering India's Electric Vehicle (EV) transition and driving the shift towards sustainable mobility solutions by preparing a tailor-made product strategy, leveraging the synergy between the Group companies and playing an active role liasoning with the Government in developing the policy framework
With operations in India, the UK, South Korea, Thailand, South Africa, and Indonesia, supported by a strong global network of 103 subsidiaries, 9 associate companies, 4 joint ventures and 2 joint operations as on March 31, 2021, Tata Motors’ commercial and passenger vehicles are marketed in countries, spread across Africa, Middle East, South & South East Asia, Australia, South America, Russia and other CIS countries.
To know more, please visit (www.tatamotors.com; also follow us on Twitter: https://twitter.com/TataMotors)
Media Contact Information:
Tata Motors Corporate Communications: +91 22-66657613 / indiacorpcomm@tatamotors.com
Safe Harbor: Statements included herein may constitute "forward-looking statements". Forward-looking statements are based on expectations, forecasts and assumptions by management and involve risks, uncertainties, and other factors that may cause our actual results, performance or achievements to materially differ from those stated. We cannot be certain that any expectation, forecast or assumption made by management in preparing these forward-looking statements will prove accurate, or that any projection will be realized. More detailed information about these and other factors that could affect future results is contained in our annual reports and filings with the Securities and Exchange Commission. Our forward-looking statements pertain to the date of their initial issuance, and we do not undertake to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.